BULLION COINS

“A bullion coin is a coin struck from precious metal and kept as a store of value or an investment, rather than used in day-to-day commerce. The United Kingdom defines investment coins more specifically as coins that have been minted after 1800, have a purity of not less than 900 thousandths and are, or have been, legal tender in their country of origin. Under United States law, “coins” that fail the last of these requirements are not coins at all, and must be advertised as “rounds” instead.

Bullion coins are usually available in both gold and silver, with the exceptions of the Krugerrand and the Swiss Vreneli which are only available in gold. The American Eagle series is available in gold, silver and platinum, and the Canadian Maple Leaf series is available in gold, silver, platinum[5] and palladium.

Bullion coins are typically available in various weights. These are usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms or heavier. Bullion coins sell for a premium over the market price of the metal on the commodities exchanges. Reasons include their comparative small size and the costs associated with manufacture, storage and distribution. The amount of the premium varies depending on the coin’s type and weight and the precious metal. The premium also is affected by prevailing demand.

Despite congressional opposition to the sale of stockpiled silver through early June 1981, the House Armed Services Committee decided on June 10 of that year to approve a Reagan administration request to sell government-owned silver beginning in fiscal year 1982 to help balance the federal budget. In July 1981, the House and Senate agreed to allow the sale of 75% of the stockpiled over a three-year period. “

— Wikipedia.

Gold Nugget Coins offers a wide range of bullion coins for all collectors. From the very popular Silver Eagle, to the less well-known issues from U.S. and international mints, we should be your number one source for the finest in these very collectible coins. Don’t hesitate to contact us with any questions.

POPULAR EXAMPLES OF SILVER BULLION COINS

The Silver Eagle

The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986. It is struck only in the one-troy ounce size, which has a nominal face value of one dollar and is guaranteed to contain one troy ounce of 99.9% pure silver. Its content, weight, and purity are certified by the United States Mint. In addition to the bullion version, the United States Mint has produced a proof version and an uncirculated version for coin collectors. The Silver Eagle has been produced at three mints: the Philadelphia Mint, the San Francisco Mint, and the West Point Mint. The American Silver Eagle bullion coin may be used to fund Individual Retirement Account investments.

America The Beautiful Silver Bullion Coins

There are collector versions of the America the Beautiful Quarter designs struck as 5 ounce silver bullion coins, a program that debuted on December 10, 2010. They feature an uncirculated finish and contain a P mintmark indicating they were struck at the US Mint’s facility in Philadelphia. These 5 oz. silver “quarters” are considerably larger than the visually similar America The Beautiful quarters, and due to their low mintage, have increased their value over issue price, even in the face of declining silver prices.

POPULAR EXAMPLES OF GOLD BULLION COINS – U.S. AND FOREIGN

American Eagle Gold Bullion $5 Tenth-Ounce Coin

The American gold eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term “eagle” also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American gold eagles (e.g., “1/2-ounce American gold eagle”) to avoid confusion. This is particularly true with the 1/4-oz American gold eagle, which has a marked face value of ten dollars.

American Eagle Gold Bullion $10 Quarter-Ounce Coin

The American gold eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term “eagle” also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American gold eagles (e.g., “1/2-ounce American gold eagle”) to avoid confusion. This is particularly true with the 1/4-oz American gold eagle, which has a marked face value of ten dollars.

American Eagle Gold Bullion $25 Half-Ounce Coin

The American gold eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term “eagle” also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American gold eagles (e.g., “1/2-ounce American gold eagle”) to avoid confusion. This is particularly true with the 1/4-oz American gold eagle, which has a marked face value of ten dollars.

American Eagle Gold Bullion $50 One-Ounce Coin

The American gold eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term “eagle” also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American gold eagles (e.g., “1/2-ounce American gold eagle”) to avoid confusion. This is particularly true with the 1/4-oz American gold eagle, which has a marked face value of ten dollars.

American Buffalo .9999 Gold Bullion Coin

The American Buffalo, also known as a gold buffalo, is a 24-karat bullion coin first offered for sale by the United States Mint on June 22, 2006, and available for shipment beginning on July 13, 2006. The coin follows the greatly admired design of the Indian Head nickel and has gained its nickname from the American Bison on the reverse side of the design. This was the first time ever that the United States Government has minted pure (.9999) 24-karat gold coins for the public. The coin has a legal tender (face) value of $50. Due to a combination of the coin’s popularity and the tremendous increase in the price of gold since its creation the coin’s value has increased considerably in a short time of just a few years. The initial 2006 U.S. Mint price of the proof coin was $800. In 2007 the Mint proof coin was $899.95, $1,410.00 in 2009, and $2,010.00 in 2011.

First Spouse $10 Gold Bullion Coins

The United States is honoring the spouses of each of the Presidents honored by the Presidential $1 Coin Act by issuing half-ounce $10 gold coins featuring their images, in the order they served as First Spouse, beginning in 2007. To date, all first spouses have been women (often called First Ladies), but the law uses the term “First Spouse”.

MMIX Ultra High Relief Gold Bullion Coin

The 2009 Ultra High Relief Double Eagle Gold Coin will show the Nation and the world the very best the United States Mint has to offer. The 21st century vision of the United States Mint, combined with technological advances, enabled the United States Mint to realize the previously unattainable goal of making the coin accessible to all Americans. Through 21st century technology and the vision of Director Ed Moy, original Saint-Gaudens coin plasters were digitally mapped by the United States Mint. Using the digital design and die-making process, the Saint-Gaudens sculptureâ€”in ultra high reliefâ€”has been updated to reflect the year 2009, an additional four stars to represent the current 50 states, and the inscription “In God We Trust,” which was not on the 1907 version. — U.S. Mint

Canadian Gold Maple Leaf Bullion Coin

The Canadian Gold Maple Leaf is a gold bullion coin that is issued annually by the Government of Canada. It is produced by the Royal Canadian Mint. The Gold Maple Leaf is legal tender. The face value is 50 Canadian dollars. The market value of the metal varies, depending on the spot price of gold. Having a .9999 millesimal fineness (24 carats), in some cases .99999, the coin is among the purest official bullion coins worldwide. The standard version has a weight of minimum 1 troy ounce (31.10 grammes). Other sizes and denominations include 1 gram, 1â„25 oz. ($0.50), 1â„20 oz. ($1), 1â„10 oz. ($5), 1â„4 oz. ($10), and 1â„2 oz. ($20). The Gold Maple Leaf’s obverse and reverse display, respectively, the profile of Queen Elizabeth II and the Canadian Maple Leaf. In 2013 and 2015 new security features were introduced. In 2013 a micro-engraved textured maple leaf (with laser technology), on a small area of the reverse (Maple Leaf) side of the coin. In the centre of this mark is the numeral denoting the coinâ€™s year of issue, which is only visible under magnification. In 2015 the radial lines were added on the coin’s background on both sides of the coin. – Wikipedia

Krügerrand Gold Bullion Coin

The Krügerrand is a South African gold coin, first minted in 1967 to help market South African gold and produced by the South African Mint. By 1980 the Krügerrand accounted for 90% of the global gold coin market. The name itself is a compound of “Krüger” (the man depicted on the obverse) and “rand”, the South African unit of currency. During the 1970s and 1980s some Western countries forbade import of the Krügerrand because of its association with the apartheid government of South Africa. – Wikipedia

Chinese Panda Gold Bullion Coin

The Chinese Gold Panda is a series of gold bullion coins issued by the People’s Republic of China. The official mint of the People’s Republic of China introduced the panda gold bullion coins in 1982. The panda design changes every year (with a single exception) and the Gold Panda coins come in different sizes and denominations, ranging from 1/20 troy oz. to 1 troy oz. (and larger ones as well). There is also a Silver Panda series issued with the same designs as the Gold Panda coins – Wikipedia

Vienna Philharmonic Gold Bullion Coin

The Vienna Philharmonic coin is struck in pure gold, 999.9 fine (24 karats). It is issued every year, in four different face values, sizes and weights. It is used as an investment product (bullion coin), although it inevitably ends up in private collections. According to the World Gold Council, it was the best-selling gold coin worldwide in 1992, 1995 and 1996. A design of musical instruments representing the Vienna Philharmonic Orchestra, as well as the text Wiener Philharmoniker (“Vienna Philharmonic”), can be seen on the reverse of the coin. The subject of the obverse is the great organ in the Golden Hall in Vienna’s Musikverein, the concert hall of the Vienna Philharmonic Orchestra. The face value in euros, the weight, alloy purity and year of issue are also inscribed on this side of the coin. Since 1 February 2008, the coin has also been minted in silver. The design of the silver coin is identical to that of the gold coin, except for its face value of 1.50 euro. – Wikipedia

POPULAR EXAMPLES OF PLATINUM BULLION COINS

American Eagle Platinum Bullion Coin

The American Platinum Eagle is the official platinum bullion coin of the United States. The coins were first released by the United States Mint in 1997. This bullion coin is offered in 1/10, 1/4, 1/2, and 1 troy oz varieties and consists of .9995 fine platinum. The American Platinum Eagle is authorized by the United States Congress, and is backed by the United States Mint for weight and content. Proof and uncirculated versions of the coins are also made for coin collectors. The proof American Platinum Eagles are unique in the fact that they are the only U.S. bullion coins that have a yearly alternating design on the reverse. Because it may be considered commodity platinum rather than a rare coin, the American Platinum Eagle may be placed in an Individual Retirement Account in the United States. Normally, collectibles such as rare coins and dolls are forbidden from being held in such an account. Thus, the United States Securities and Exchange Commission believes that the Platinum Eagle will not appreciate beyond its metal value.

OTHER POPULAR BULLION

Bars and Rounds

Gold Nugget Coins wouldn’t live up to its name without offering a selection of other formats of collectible gold, silver and platinum precious metals. We stock a variety of small bars and rounds, though inventory changes continually. Please contact us with any questions or special requests. [Image for illustration purposes only.]